News / Egypt

TG Developments Hits 60% Construction Milestone at Palm Capital, Begins Work on Palm Island

TG Developments announced it has completed over 60% of construction at its Palm Capital project within just one year of breaking ground, Invest-Gate reports.

Egypt’s Beltone Leasing Secures USD 20 mn from German-managed funds

Beltone Leasing and Factoring, a subsidiary of Egypt’s Beltone Holding, has secured USD 20 mn in funding from two impact investment funds managed by Germany-based Finance in Motion GmbH, Invest-Gate reports.

Egypt’s Ambassador to Saudi Arabia Opens 16th Edition of Nile Property Expo in Riyadh

Egypt's ambassador in Riyadh Ehab Abu Srei, inaugurated the 16th edition of the Nile Property Expo in Riyadh, held under the patronage of Egyptian Prime Minister Mostafa Madbouly, Invest-Gate reports.

PwC Moves into USD 1 bn “One Ninety” LMD’s landmark development in New Cairo

Landmark Developments (LMD) has officially delivered Business Quarter A within its USD 1 bn mixed-use project, One Ninety, in New Cairo, Invest-Gate reports.

Hyde Park Developments Sponsors Major Padel Tournament in Egypt

Hyde Park Developments announced its sponsorship of the Smash Padel Tour, one of Egypt’s largest padel tournaments, bringing together national team athletes and emerging young talent, Invest-Gate reports.

PARAGON Developments Launches Saudi Arabia Office in Riyadh, Strengthening Regional Footprint Across MENA

PARAGON Developments, Egypt’s leading regenerative mixed-use developer, has announced the opening of its first regional office in Riyadh, Saudi Arabia, Invest-Gate reports.

GlobalCorp’s Mortgage Portfolio Exceeds EGP 3.8 Bn, Serving 1,850 Clients

As part of its strategic plan to enhance performance and diversify funding sources, GlobalCorp for Mortgage Finance (Ollin Finance), a subsidiary of GlobalCorp Financial Services Group, a leading non-banking financial services company, announced the signing of cooperation agreements with 14 banks, Invest-Gate reports.

Finance Ministry Honors MIDAR for Contributions to Tax System Support and Modernization

The Ministry of Finance honored MIDAR Investment and Urban Development, the master developer of Mostakbal City and MADA in East Cairo, during the “Shukran” (Thank You) conference, held in cooperation with the Egyptian Tax Authority, Invest-Gate reports.

Schneider Electric Completes Major Overhaul of 10th of Ramadan Distribution Center

Schneider Electric has completed the renovation of its distribution center in 10th of Ramadan City, reinforcing its commitment to operational efficiency and sustainability in Egypt, Invest-Gate reports.

Nations of Sky launches Zomra in the Fifth Settlement

Nations of Sky, the leading real estate development company, has launched a new project, Zomra, Invest-Gate reports.

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